Nato defence spending falls despite promises to reverse cuts
March 4, 2015 by IPB
By Jonathan Beale
Colin Archer of IPB comments: It is disappointing to see both the BBC and the European Leadership Network bewailing the continuing (though still small) decline in military spending. And also that they persist in using the “% of GDP” comparison, whereas if they looked at the actual proportion of government spending as a whole the percentage would be much higher.
Despite the Ukraine crisis and increasing tensions with Russia, most Nato members are doing little to reverse the decline in their defence spending.